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Santoshi

Malvi

Service Entrepreneur

Tonk, Madhya Pradesh

234 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Santoshi

Malvi

#Positive#Provider
Encourage Santoshi's tailoring business venture.

Service Entrepreneur

Madhya Pradesh

234 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Santoshi

Santoshi Malvi is a strong, independent woman and she has been working as a tailor for the past few years. She has a family of 2 children and a husband who depends on her to look after them. She has experience in tailoring for more than 6 years now. Santoshi's speciality is tailoring readymade garments for women. With the loan, she will be able to buy some materials to produce her own collections. She will be able to purchase some new sewing machines to enhance her production and increase the volume of her business. Her main objective is to enhance her productivity and increase her turnover. Invest in Santoshi and empower her to achieve her dreams.

About Santoshi Malvi's livelihood

Santoshi is a service entrepreneur who works 6 hours a day for 6 days a week. With this loan Santoshi will potentially obtain employment for 234 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Santoshi Malvi has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Others

Investee Credit Rating:
Adequate

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

ASA Development Services
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

Mr. Ashis Mondal

ASA Development Services (ASADS) is a non-profit company that was started in 2007 to utilise approaches of partnership, collaboration, resource pooling, and knowledge sharing to accelerate the process of development of the rural poor. ASADS complements work of its promoting organization Action for Social Advancement (ASA), by layering support services on the field. ASADS builds crucial financial links between the poor and the lending partners in the sector to bridge the gap of rural and urban development.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS